John Kevin Mara (/ˈmɑːrə/ MAR-ə; born December 1, 1954) is an American businessman who serves as the president, CEO, and co-owner of the New York Giants.
RELATED: Shawty Bae Net Worth: The Rising Fortunes of a Social Media Star
Table of Contents
John Mara Net Worth
John Mara has a net worth of $500 million. He serves as the president, CEO, and co-owner of the New York Giants. Despite winning two Super Bowls during his tenure, Mara faced criticism in the late 2010s and early 2020s for being perceived as too loyal to longtime Giants employees.
In September 2021, he was booed by fans while speaking at Eli Manning’s number retirement and Ring of Honor ceremony, and in November, he did not address the crowd during Michael Strahan’s number retirement.
Early Life
John Mara was born in New York City and grew up in White Plains, a nearby suburb. He is the eldest son of Ann Mara (née Mumm) and the late Giants owner Wellington Mara. Mara graduated from Iona Preparatory School in New Rochelle and earned a Bachelor of Science in Marketing, graduating cum laude from Boston College in 1976.
Career
John Mara joined the New York Giants in 1991 as general counsel, later serving as executive vice president and chief operating officer. Following his father’s death in 2005, he assumed the team’s presidency.
Alongside Steve Tisch, Mara led the planning and negotiations for MetLife Stadium, which opened in 2010. Under the leadership of Mara and Tisch, the Giants won Super Bowl XLII and Super Bowl XLVI, cementing their success in the NFL.
Personal life
John Mara is the third generation of his family to own the New York Giants. His grandfather, Tim Mara, founded the team in 1925, and Tim’s sons, Wellington and Jack (John’s uncle), inherited the team in 1959. Among NFL franchises, only the Chicago Bears, controlled by the Halas-McCaskey family since 1921, have been in one family’s hands longer than the Giants.
He and his wife, Denise W. Mara, have one son, John Jr., and four daughters: Lauren, Courtney, Christine, and Erin. He is also an uncle to actresses Rooney Mara and Kate Mara. Mara serves on the board of directors of Saint Vincent’s Hospital in Harrison, New York, and Boys Hope Girls Hope of New York.
How much did John Mara buy the Giants for?
John Mara’s grandfather, Tim Mara, decided to spend $500 on the New York Giants rather than on Tunney in a spur-of-the-moment decision, stating, “an exclusive franchise for anything in New York is worth $500.” His son, Wellington Mara, later explained that his father believed even an empty store in the city was worth that price, highlighting the family’s early vision and investment acumen.
Conclusion
John Mara’s journey from the corridors of Fordham University to the executive suites of the NFL epitomizes a legacy of leadership, acumen, and unwavering commitment to excellence. His net worth, while a quantifiable measure of his financial success, barely scratches the surface of his contributions to the sports world and beyond.
RELATED: Selena Gomez Net Worth: An Empire in the Making
FAQs about John Mara
- How has the Mara family’s legacy influenced John Mara’s net worth? The Mara family’s enduring association with the NFL and the Giants is a cornerstone of John Mara’s wealth, representing a legacy asset that has been appreciated across generations.
- What impact does the New York Giants’ performance have on John Mara’s net worth? While the Giants’ on-field performance can influence the franchise’s valuation and revenue streams, the team’s value and Mara’s net worth have shown resilience and growth over time, underscoring the NFL’s robust market dynamics.
- Does John Mara have investments outside the Giants? Yes, Mara’s portfolio includes investments in real estate and various business ventures, diversifying his income sources and contributing to his comprehensive net worth.
- How do economic factors affect John Mara’s net worth? Economic factors, including inflation and market trends, can impact the valuation of Mara’s assets, including the Giants. However, the NFL’s growth trajectory and Mara’s diversified investments buffer against potential fluctuations.
- How does John Mara’s net worth compare to other NFL owners? While substantial, John Mara’s net worth is within a spectrum that includes NFL owners with larger fortunes, many of whom have diversified their wealth across various industries. Mara’s financial standing, however, remains notable for its foundation in a legacy of sports franchise ownership.
